In relation to the supply of a service to a joint operation by one of the joint operators, which of the following statements is correct?
A) a joint operator can recognise 100% of the earned through the supply of services to the joint operation;
B) a joint operator is entitled to recognise a profit from the supply of services to itself;
C) a joint operator cannot earn a profit on supplying services to itself;
D) a joint operator is not able to recognise the service revenue or service cost for the services supplied to the joint operation.
Correct Answer:
Verified
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